Second half boost for Avon Rubber
Avon Rubber, a provider of respiratory protection to military and industrial markets, said full year results are expected to be in line with current market expectations after a strong second half performance.
Avon Rubber, a provider of respiratory protection to military and industrial markets, said full year results are expected to be in line with current market expectations after a strong second half performance.
The group, which makes high tech rubber-based products for a number of manufacturing sectors, said trading in the second half of the financial year was, as expected, stronger than in the first half as both of its divisions made progress.
"We enter the new financial year with a strong order book in Protection & Defence, while in our Dairy business innovative new products and expanding global reach continue to deliver gains in market share," it said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Chief Executive Peter Slabbert added: "We continue to invest in innovative new products in both Protection & Defence and Dairy and believe that these industry leading technologies will deliver revenue growth and higher margins in the future."
"The uncertain economic climate will present challenges in the coming year but I am confident that both sides of Avon's business are well positioned to make further progress in 2013."
Net debt at the year-end was £8.7m.
CJ
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Government launches full review of parental leave and pay – what could it mean for you?
The government wants parental leave to be fairer - will its shake-up fix the widespread problem for families?
-
Nationwide: House prices see biggest monthly fall in over two years
UK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions